NASSAU, BAHAMAS — There are over 200 electric vehicles (EV) being driven locally, a well-known EV dealer has estimated, predicting that that number will likely double this year and grow exponentially thereafter.
Pia Farmer, owner of Easy Car Sales, who addressed the recent Bahamas Business Outlook, said: “We are witnessing one of the greatest technological revolutions in transportation since the invention of the combustion engine 140 years ago”.
She added: “Over 10 million plug-in cars are expected on the global roads in 2020, and analysts predict that by 2040, more than half of all the vehicles on the road will be electric.”
Farmer continued: “While EVs make up less than two percent of new car sales worldwide, in The Bahamas, sales of 100-percent electric vehicles are trending at seven percent — much higher than the world average.”
Easy Car Sales expects that percentage to increase as the public discovers the luxury and tech features of EVs and the “huge savings” of switching to electric transportation.
“We now drive out of our way to fill up a conventional car at the gas station. We pay an average $4 per gallon of gasoline to drive 25 to 30 miles, while charging your EV from the BPL (Bahamas Power and Light) grid costs only $1 to go the same distance,” said Farmer.
“This represents a 75 percent savings on fuel, and charging at home, at work or at free public charging stations is much more convenient and stress-free.”
Farmer asserted that this is a major reason for EV adoption, adding: “EVs are solar-ready. Charging your electric car from solar power produced on your roof will cost you only $0.38 cents per gallon equivalent, making electric transportation the logical choice for sunny Bahamas.”
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